Lowndes County Property Taxes
The median property tax rate in Lowndes County is 0.45%, which is lower than both the national median of 0.99% and Alabama's state median of 0.47%. With the median home value in Lowndes County, the typical annual property tax bill is $581, significantly less than the national median of $2,690. Property taxes in Lowndes County are calculated based on the tax assessed value, which usually falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Lowndes County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Fort Deposit or another part of Lowndes County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Lowndes County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.45%
Estimate Property Tax Bill
$532
Ownwell’s Lowndes County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Lowndes County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Lowndes County to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Lowndes County, Alabama
Property taxes in Lowndes County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Lowndes County is 0.45%, which is lower than both the Alabama state median and the U.S. national median of 0.99%. Local government entities within Lowndes County set these rates annually, and they can vary significantly between different areas within the county. Each year, Lowndes County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Fort Deposit has one of the higher property tax rates in Alabama at 0.57%, while the city of Minter boasts one of the lowest at 0.40%. Analyzing how Lowndes County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Lowndes County Tax Rate
0.45%
Average Alabama Tax Rate
0.47%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lowndes County, Alabama
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Fort Deposit | 0.35% | 0.45% | 0.57% | 0.64% | 1.27% |
Hayneville | 0.25% | 0.39% | 0.45% | 0.51% | 1.00% |
Hope Hull | 0.28% | 0.37% | 0.42% | 0.45% | 0.47% |
Letohatchee | 0.23% | 0.35% | 0.42% | 0.45% | 0.87% |
Lowndesboro | 0.34% | 0.39% | 0.43% | 0.45% | 0.69% |
Minter | 0.23% | 0.31% | 0.40% | 0.45% | 0.81% |
Sardis | 0.24% | 0.28% | 0.41% | 0.45% | 0.89% |
Tyler | 0.24% | 0.34% | 0.42% | 0.48% | 0.89% |
White Hall | 0.37% | 0.45% | 0.53% | 0.58% | 1.14% |
Source: Ownwell
Property Tax Assessment Values Across Lowndes County, Alabama
In Lowndes County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Lowndes County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Lowndes County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Hope Hull has the highest median tax bill at $850, while White Hall has the lowest at $395. Being aware of these valuation processes in Lowndes County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Lowndes County Assessed Value
$118,330
Average Alabama Assessed Value
$149,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lowndes County, Alabama
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Fort Deposit | $48,440 | $70,205 | $107,650 | $160,020 | $243,320 |
Hayneville | $44,706 | $61,820 | $85,070 | $137,870 | $220,100 |
Hope Hull | $93,790 | $135,510 | $208,980 | $291,070 | $458,680 |
Letohatchee | $59,832 | $80,740 | $130,030 | $211,680 | $361,550 |
Lowndesboro | $69,002 | $94,570 | $158,880 | $228,030 | $344,368 |
Minter | $50,289 | $59,515 | $114,760 | $224,888 | $294,174 |
Sardis | $42,090 | $64,590 | $143,645 | $208,545 | $386,205 |
Tyler | $43,242 | $76,845 | $123,810 | $236,928 | $449,642 |
White Hall | $43,188 | $60,250 | $74,590 | $98,370 | $159,816 |
Source: Ownwell
Property Tax Bills Across Lowndes County, Alabama
In Lowndes County, AL, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The county's property tax rate is applied to this assessed value to determine the annual tax bill. Several factors influence this calculation, including the home's market value, local tax rates, and any applicable exemptions. For homeowners, this means that the amount they owe in property taxes can vary significantly. In Lowndes County, the median home price is $118,330. Tax bills in the 25th percentile are around $349, while those in the 75th percentile reach about $941. The highest median tax bill in the county is found in Hope Hull at $850, whereas White Hall has the lowest at $395. Compared to the national median property tax rate of 0.99%, Lowndes County offers relatively affordable property taxes. However, the exact amount can still vary based on individual property assessments and local tax policies, impacting homeowners' annual expenses.
Average Lowndes County Tax Bill
$581
Average Alabama Tax Bill
$717
Average United States Tax Bill
$2,690
Property Tax Bills Across Lowndes County, Alabama
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Fort Deposit | $257 | $373 | $603 | $949 | $1,432 |
Hayneville | $148 | $276 | $413 | $715 | $1,066 |
Hope Hull | $342 | $534 | $850 | $1,207 | $1,890 |
Letohatchee | $243 | $355 | $570 | $904 | $1,665 |
Lowndesboro | $295 | $414 | $686 | $1,019 | $1,480 |
Minter | $156 | $250 | $518 | $943 | $1,442 |
Sardis | $195 | $368 | $526 | $809 | $1,107 |
Tyler | $143 | $315 | $630 | $1,035 | $1,931 |
White Hall | $207 | $285 | $395 | $651 | $903 |
Source: Ownwell
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